Business

Kotak Bank was the top gainer in the Sensex pack, rising around 2 per cent, followed by Asian Paints, HDFC duo, Tata Steel, IndusInd Bank, ICICI Bank and SBI. On the other hand, HCL Tech, Tech Mahindra, PowerGrid, Titan, Infosys and TCS were among the lag...

Asian shares advanced for a second straight session on Monday, underpinned by coronavirus hopes after the U.S. Food & Drug Administration (FDA) authorised the use of blood plasma from recovered patients as a treatment option.

Some U.S.based users of WeChat are suing President Donald Trump in a bid to block an executive order that they say would effectively bar access in the U.S. to the hugely popular Chinese messaging app.

U.S. home sales rose a recordbreaking 24.7% in July, extending June's rebound after the coronavirus pandemic all but froze the housing market this spring.

AMRG & Associates Senior Partner Rajat Mohan said authentication of Aadhaar number would be a norm for GST registration in absence of which registration would be granted only after physical verification of the place of business.

The BSE Sensex was trading 330.76 points or 0.87 per cent higher at 38,551.15; while NSE Nifty was up 98.05 points or 0.87 per cent at 11,410.25.

Railway Board Chairman V K Yadav, during an interaction with reporters on Thursday, said the Railways has taken a number of steps to increase freight revenue.

The European Commission and German biotech firm CureVac said on Thursday they were in advanced talks for the supply of at least 225 million doses of a potential COVID19 vaccine to EU states.

A full bounceback from the euro zone's deepest recession on record will take two years or more, according to a Reuters poll of economists who also said there is a high risk the job recovery underway reverses by the end of 2020.

Shares in France's Accor rallied on Thursday after Le Figaro newspaper reported it had examined a potential merger with British rival InterContinental Hotels (IHG) that would create the world's biggest hotel group.

South African miner Gold Fields reported a fourfold jump in halfyear earnings on Thursday, benefiting from a surge in the price of the precious metal and lowerthanexpected COVID19 impact on its output.

The United States on Wednesday imposed sanctions on two United Arab Emiratesbased companies, the U.S. Treasury Department said, accusing them of providing support to Iranian airline Mahan Air.

Apple shares have gained nearly 60% this year as the company overcame the shutdown of factories in China that produce the iPhone and the closure of its retail sales amid the coronavirus pandemic.

It further said the non-corporate segment was showing signs of stress even before the start of the pandemic, when things were seeming to be normalising in the corporate space.

A gauge of Asian shares eased on Wednesday led by losses in Chinese and Hong Kong stocks, though it was still near a sevenmonth peak, driven by ever expanding policy stimulus aimed at cushioning the blow from the coronavirus pandemic.

General Motors is overhauling its Chinese lineup with a greater emphasis on electric cars and smartdriving technology to stem a slide in sales after more than two decades of growth in a country that contributes nearly a fifth of its profit.